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Apr 16, 2013
04/13
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KQED
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they finished down 1%, but life technologies jumped to $73 a share. glaxosmithkline touched an all time high after the food and drug administration gave a better than expect ed review of an experimental treatment for lung disease. this could open the way for approval when the new treatment will be reviewed by an fda panel on wednesday. gsk gained 1.5% to $49 a share. >> as the media space reshapes itself, btig research began coverage of netflix with a $250 per share price. noted that the service is being offered as part of internet bundles as well as cable providers, rich greenfield said netflix has an improved price relationship. netflix gained about 2% on an otherwise down day today. energy was the worst performing sector today as oil dropped below $89 a barrel. the blue chip oil, they were near the bottom of the dow. each down about 3% in today's trade. >> solid quarterly earnings from charles schaub, but missed by a penny a share. partly because the firm weighed fees on money market funds. shares tumbled almost 4% to $16 a share. >> and on a day t
they finished down 1%, but life technologies jumped to $73 a share. glaxosmithkline touched an all time high after the food and drug administration gave a better than expect ed review of an experimental treatment for lung disease. this could open the way for approval when the new treatment will be reviewed by an fda panel on wednesday. gsk gained 1.5% to $49 a share. >> as the media space reshapes itself, btig research began coverage of netflix with a $250 per share price. noted that the...
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Apr 16, 2013
04/13
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WETA
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i know we are going to mobile technology. but will there be a day when we we do not have pcs and who is better positioned in that regard, intel or yahoo? >> in that regard, yahoo is better positioned. i think it's an exaggeration to say we will not use pcs. but we will use them for more narrow application. at home, pulling out the smartphone to check on video and news, will be what we pull out. yahoo has a better chance to make the transition. and intel is establishing themselves into a new realm. >> i want ask you about apple. you heard the report on it everyone is looking to the earnings report next week. i know that you are a believer in apple. but make a case, why investor who is have lost some faith in this company should take a fresh look at apple? >> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue t
i know we are going to mobile technology. but will there be a day when we we do not have pcs and who is better positioned in that regard, intel or yahoo? >> in that regard, yahoo is better positioned. i think it's an exaggeration to say we will not use pcs. but we will use them for more narrow application. at home, pulling out the smartphone to check on video and news, will be what we pull out. yahoo has a better chance to make the transition. and intel is establishing themselves into a...
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Apr 18, 2013
04/13
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KQEH
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all 10 s&p sectors lower with technology and financial seeing the biggest declines. the dow still fell by 138 points, closing the day at 14,618. the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production of iphones and ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key commodities like copper, aluminum and nickel were again dropping at essentially 52-week lows, all on concerns about slowing global growth. key commodities hit 52-week lows as well. and while commodity stocks like materials and energy suffered, there were also notable decline in industrials and in financials like bank of america which missed earnings estimates. and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing
all 10 s&p sectors lower with technology and financial seeing the biggest declines. the dow still fell by 138 points, closing the day at 14,618. the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production of iphones and ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the...
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Apr 18, 2013
04/13
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and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whether word being made in the boston marathon investigation and, again, moved down toward the close. >> the problem for the stock market is a simple one. the market has been in an uptrend all year. now we've had two big down days, two days for selling on heavy volume. that's a question whether there is still an uptrend in the market. trend followers are an important part of the market. if they determine there's no more upside to the market, the uptrend could become a downtrend. for "the nightly business report," the new york stock exchange. >> the federal reserve remains steady and upbeat. moderate growth in all 12 of its banking regions over the past 6 weeks with the overall economy getting a big boost from housing and strong auto sales. the central bank also said the economy performed better during march and week's jobs report and the dip in retail sales would indicate. >> but that report didn't do much to boost confidence today. the
and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whether word being made in the boston marathon investigation and, again, moved down toward the close. >> the problem for the stock market is a simple one. the market has been in an uptrend all year. now we've had two big down days, two days for selling on heavy volume. that's a question whether there is still an uptrend in the market....
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Apr 22, 2013
04/13
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KRCB
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in the internet age with technology, that can be done. as far as what is being collected online already, for those companies who are already present every wrrks they are collectioning and have been collecting. but eelectronic retail means there are not the same borders anymore. the corner store that does not get an exemption from sales tax is competing with the ones that do. it is about more robust competition. >> what about the argument this the online retailer has an unfair advantage. and as you pointed out, many of the companies are collecting and remitting sales tax, why shouldn't all of them do it? >> every place you have a physical presence, you have to collect. as far as main street being at a disadvantage, look at states like pennsylvania, texas, and new york. when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to
in the internet age with technology, that can be done. as far as what is being collected online already, for those companies who are already present every wrrks they are collectioning and have been collecting. but eelectronic retail means there are not the same borders anymore. the corner store that does not get an exemption from sales tax is competing with the ones that do. it is about more robust competition. >> what about the argument this the online retailer has an unfair advantage....